Key Fiscal Measures
1. Reduction in the principal owed to the Barbados Water Authority and the Queen Elizabeth Hospital by 25%, conditioned on full payment of outstanding debts between March 15 and September 15, 2023.
2. Effective April 1, 2023 government will reinstate the dollar amount of VAT payable on gasoline which is capped at 47 cents per litre for six months.
3. Effective April 1, 2023 government will reinstate the dollar amount of VAT payable on diesel which is capped at 37 cents per litre for six months.
Source: barbadostoday.bb
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